Bendigo Bank - Low Rate Mastercard – loan
Credit Card up to $50 000
Loan amount
$500 – $50,000
Interest from
11.99%
Term
1 – 12 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Credit Card up to $50 000
- Term 1 – 12 months
Bendigo Bank (part of Bendigo and Adelaide Bank) is an ASX-listed, customer-owned-in-spirit regional Australian bank headquartered in Victoria, known for its "community bank" branch model where local franchise branches share profits with their communities.
The Bendigo Bank Low Rate Mastercard is designed around a lower ongoing purchase interest rate rather than a rewards program, suiting customers who want a straightforward card and sometimes carry a balance rather than paying in full every statement.
✓ Pros
- Lower ongoing purchase rate than typical rewards cards
- Simple fee structure
- Backed by an established regional Australian bank
- Worldwide Mastercard acceptance
✗ Cons
- No rewards points program
- Interest still applies on any balance not cleared each period
- Cash advances attract a higher rate and separate fees
How to apply
- Choose your card
- Apply for your card
- Wait for approval
- Get the card
Loan requirements
- ✓ 18 years or older
- ✓ Australian resident for tax purposes
- ✓ Regular income
- ✓ Satisfactory credit check
- ✓ No current default or bankruptcy in some cases
Frequently asked questions
24 hours
The minimum loan amount at Bendigo Bank - Low Rate Mastercard is $500.
About Bendigo and Adelaide Bank Limited
| Company | Bendigo and Adelaide Bank Limited |
|---|---|
| Address | Bendigo Bank, 12 Bath Ln, Bendigo VIC 3550 |
| Website | https://www.bendigobank.com.au |